Rancho Santa Fe News

Holiday Events!

noreply@blogger.com (Katie) — Thu, 01 Dec 2011 17:49:00 +0000

Merry Christmas and Happy Holidays from the Katie Hawkes Group!

Please find the list of Holiday events.... complements of the Katie Hawkes Group....

please feel free to call for you Real Estate needs....

858.922.2226

~ www.KatieSells.com ~

Coronado Holiday Celebration - 3:20pm Dec.2

December Nights in Balboa Park - 10-5pm Dec. 2-3

North Park Toyland Parade & Holiday Fair - 11am-2pm Dec. 3

Little Italy Tree Lighting & Christman Village - 5-7:30pm Dec. 3

Holiday at the Rancho - Carlsbad - 5-8pm Dec. 3

Christmas Comes to Imperial Beach - 10am-5pm Dec. 3

Ocean Beach Holiday Parade - 5-7pm Dec. 3

SoNo Park Holiday Fest - 11am-5pm Dec. 4

La Jolla Christmas Parade & Holiday Festival - 2:00-2:30 Dec. 4

Holiday Wonderland - Del Mar - 2-6pm Dec. 4

Jingle Bell 5K Run/Walk - Belboa Park - 7-11am Dec. 10

Holiday in the Park - Old Town - 10am-8pm Dec. 10-11

Gaslamp Quarter Holiday Pet Parade - 1-4:30pm Dec. 11

A Christmas Tabernacle - Liberty Station - 6-10pm Dec. 16-18

Short Sale Story!

noreply@blogger.com (Katie) — Thu, 17 Nov 2011 18:15:00 +0000

Katie Hawkes brings the news.... for more information please contact her at 858.922.2226 or khawkes@prusd.com or http://www.katiesells.com/ ... Katie is always available to answer your questions!

We dealt with a new short sale issue this week that I thought I would share with you. In this deal, we represented both buyer and seller and the seller had retained a Short Sale Negotiator (“SSN”) to handle the transaction. The short sale, with B of A as the first lien holder, was approved and the approval letter provided that the second could receive a “maximum” of $3,000. The approval letter also had the following language: “Any additional fees that were not approved on September 6, 2011 will not be covered by Bank of America, N.A. and become the sole responsibility of the agent, the buyer or the seller to pay at closing.” Based on that language, the SSN told our agent that he needed to credit over $50,000 to the second lien holder at close of escrow. Both the SSN and escrow officer claimed that this language meant that an agreement to pay more to the second was allowed if it was made after September 6 and was not to be “covered” by B of A. As a result, escrow prepared a new commission instruction memorializing the credit and asked us to sign it.

As you can imagine, we do not agree with the SSN’s interpretation of the above clause and refused to sign the escrow instruction. The approval letter specifically says that the “maximum allowed to the Jr. Lien Holder…” was $3,000. Whatever the term, “additional fees” means in the clause quoted above, it does not mean that you can ignore the “maximum” language and pay the junior lien holder whatever you want. If any more money is to be paid to any other lien holder, it has to be approved by the first. The language cited by the SSN and escrow, is not enough. So please do not let anyone pressure you in to accepting this position. It is just the latest way people have come up with to avoid the limitations of the short sale process. As much as we want to close deals, we cannot succumb to this type of temptation. We are closing deals every day, and doing so the right. Let’s continue to do so.

KATIE HAWKES... BRINGS THE MORTGAGE RATE NEWS...

noreply@blogger.com (Katie) — Thu, 03 Nov 2011 17:23:00 +0000

KATIE HAWKES ALWAYS BRINGS THE NEWS.... CALL HER TODAY...858.952.2226 OR KHAWKES@PRUSD.COM ... YOU CAN ALSO SURF OUR SITE FOR HOMES http://www.katiesells.com/
Mortgage rates backed off their historic lows over the past two weeks. Despite the Feds self proclaimed goal to lower rates, they inched up generally around 0.375%. These are still unbelievably low when you look at the long term historic trends. If you have been around for any length of time and have owned a home, I’m relatively positive that you have seen rates in the 8 – 12% range. Rates are as low as they were in the 1950s! The cost of home ownership has never been lower coming from highly depressed home values coupled with extremely low mortgage rates. It’s clear that there is a tremendous buying opportunity now, but the big question in the back of everyone’s mind is – “Will I qualify for a loan?”

When the financial crisis hit, most banks became very strict with their qualification process. It almost seemed like they did not want to make any loans at all. The good news is that the financial institutions have emerged from the recession stronger and ready to lend. Credit is available but banks are very nervous because the economy is still week. Unemployment leads the way for this weakness.

Mortgage lenders want to make loans now, but lending standards remain tight and you must be prepared to fully document your income and assets. There are a few specialty lenders that don’t sell their loans to the secondary market and are a little more creative in documenting income, but their rates are not quite as good. Fannie Mae, Freddie Mac, and the Federal Housing Administration continue to dominate the mortgage market, setting the standard for the loans that lenders make and sell to investors. As a result, the lenders strive to dot every i and cross every t when the approve you.

Some more good news did happened this past week as it looks like there will be a return of the former “high balance” conforming loan limits for high cost areas which includes San Diego County. This limit was reduced from $697,500 to $546,250 in San Diego County the end of September. This impacts many, many borrowers as rates above this limit are considered jumbo loans and the rates suffer. Another possible boon to those who want to refinance but could not due to lack of equity is pending approval. The Federal Housing Finance Agency, with Fannie Mae and Freddie Mac (the enterprises), announced a series of changes to the Home Affordable Refinance Program (HARP) in an effort to attract more eligible borrowers who could benefit from refinancing. The new program enhancements address several other key aspects of HARP including:

· Eliminating certain risk-based fees for borrowers who refinance into shorter-term mortgages and lowering fees for other borrowers;

· Removing the current 125 percent LTV ceiling for fixed-rate mortgages backed by Fannie Mae and Freddie Mac;

· Waiving certain representations and warranties that lenders commit to in making loans owned or guaranteed by Fannie Mae and Freddie Mac;

· Eliminating the need for a new property appraisal where there is a reliable AVM (automated valuation model) estimate provided by the Enterprises; and

· Extending the end date for HARP until Dec. 31, 2013 for loans originally sold to the Enterprises on or before May 31, 2009.

The Enterprises plan to issue guidance with operational details about the HARP changes to mortgage lenders and servicers by November 15. Since industry participation in HARP is not mandatory, implementation schedules will vary as individual lenders, mortgage insurers and other market participants modify their processes.

The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks. These government-sponsored enterprises provide more than $5.7 trillion in funding for the U.S. mortgage markets and financial institutions.

Rancho Santa Fe Fire District Pancake Breakfast.

noreply@blogger.com (Katie) — Thu, 13 Oct 2011 17:45:00 +0000

Rancho Santa Fe Fire District Pancake Breakfast

October 16th 7:00am - 11:00 am

Station One / El Fuego

858.756.6011

$5.00 donation / adults $3.00 kids

-A bounce house for the kids!

-Open up the nozzle and spray a fire hose!

-Fire Engine and equipment displays

-Great food and fun

San Diego Bayfair (Powerboat Racing)

noreply@blogger.com (Katie) — Thu, 15 Sep 2011 18:06:00 +0000

Katie Hawkes brings the news.... for more information about San Diego or Rancho Santa Fe please give Katie Hawkes a call, she is the Rancho Santa Fe Real Estate Specialist www.katiehawkes.com or 585.922.2226.

San Diego Bay Fair (Powerboat Racing) Sept. 16-18
Powerboats and hydroplanes race so fast on water that they nearly become airborne. 7am-6pm. Mission Bay. $20-$30 (General Pass) ~ $40 (3-Day Super Pass) ~ $10 (Pit Pas only) ~ FREE (military/child age 5 & younger) (619) 572-6274 / www.sandiegobayfair.org

The Last Day of the Del Mar Race Track.....

noreply@blogger.com (Katie) — Thu, 08 Sep 2011 19:13:00 +0000

Katie Hawkes finds the news... http://www.katiehawkes.com/ or you can always give Katie a call to find out all about the Real Estate market 858.922.2226.... Katie Hawkes is one of the best Realtor's in the Rancho Santa Fe area!

DEL MAR (CBS 8) - What began on July 20 with the roar of over 45,000 ends with a whisper, or at least a whimper.

"I'm going to be very sad. I feel like crying today," an attendee said.

Among the horse owners and trainers, closing day at Del Mar is known as "get-away day". For patrons, It's get even day.

Leading jockey Joel Rosario has already wrapped his third consecutive Del Mar riding title.

"To be here in Del Mar is amazing, all the people you see here who come to support it, it's a really good feeling," Joel said.

The meet has been a success. Attendance has been good, about equal to last year, although patrons have bet fewer dollars.

"If you bet liberal, you win liberal," an attendee said.

"It's just been a smooth meet. The track's held up well -- I have nothing to complain about and I'm certainly not finding anybody feeling sorry for us," Joe Harper of the Del Mar Thoroughbred Club said.

But for today, for the well-heeled and the high-heeled, for big-buckers and Two-Buck Chuckers, it was the last chance for romance.

On this long, hot, last day of a very cool season, this annual San Diego summer ritual ends with a little pomp and circumstance and the usual final rallying cry.

"I can't wait 'til next year," attendees said.

Mortgage rater hold steady...

noreply@blogger.com (Katie) — Sun, 04 Sep 2011 21:41:00 +0000

Katie Hawkes brings the news.... http://www.katiehawkes.com/

Mortgage rates hold steady for the past week at record lows. Pretty much everyone who has a mortgage that is more than 3 months old could potentially benefit from the lower rates. This helps consumers who are purchasing and refinancing. In a market where mortgage rates are this low, there is plenty of money available from the lender to pay for closing costs, and other costs as well. The high balance conforming loan limit for high cost areas including San Diego, is set to expire the end of this month. It was anticipated that the Feds would maintain these higher limits for an extended period but nothing has been solidified to date. This could only hurt buyers and sellers as it will drive up the rate for many who fall into that category.

Do you know that our Government gave $700 billion dollars in “Bail Out” money to the banks to help assist the homeowners in a “Loan Modification”?

According to “Wall Street Journal” homeowners are failing to achieve a loan modification because of missing paper work, and weak presentation of their financial package. There is no guidance from the banks to help the homeowners save their homes.

The banks have placed $680,000 homeowners on Trial Payments; only 10,000 received a permanent modification. That is a 1.47% success rate. HORRIBLE!!

BOA, Wells Fargo, and JPMorgan Chase in the first quarter made $13.6 billion dollars in profit. These banks are making money while homeowners are losing their homes. Where is the money the government gave these banks going? Treasury states servicers are not communicating to the homeowners in a loan modification. The government is now mandating the process of the loan modifications with every bank. They want to know why the modification success rate is extremely low.

Do you know that you are making your mortgage payments to a “Servicer” and not the bank that owns you’re “Mortgage Note”? Your mortgage is sold in secondary marketing, and the bank that owns your note pays the servicer to collect your payments. The servicer and investor are making a lot of money.

Jeff Olson

NMLS 235248

(858) 204-7373 cell

(760) 479-1803 fax

Host of "REAL ESTATE RADIO" Saturdays

Noon to 1:00 PM ON KPRZ AM 1210

HAPPY LABOR DAY.... REMEMBER TO ALWAYS, "LIVE THE DREAM"!!

noreply@blogger.com (Katie) — Thu, 01 Sep 2011 19:26:00 +0000

Rancho Santa Fe School Board Seeking Member

noreply@blogger.com (Katie) — Mon, 29 Aug 2011 20:48:00 +0000

Katie Hawkes finds the news.... for more informational new go to http://www.katiesells.com/

RANCHO SANTA FE — The search is on for a new school board member for the Rancho Santa Fe School District to replace Jim Cimino, who moved to Dallas for his job as an executive with Wells Fargo Bank.

Cimino, whose term ends in 2012, resigned July 29 in a letter to Lindy Delaney, school district superintendent.

Delaney told the school board at its Aug. 16 special meeting there were a couple of ways to go in replacing Cimino.

“You can decide to appoint a replacement or go to an election,” she said. “My recommendation is to make an appointment and save the expense of an election.”

The board is looking for someone just right to fill the spot.

“It’s a commitment of time, energy and passion,” Delaney said. “It’s really a big job, there is no pay. We will be looking for someone who wants to put in that type of commitment.”

Those interested in filling the position should pick up a packet containing an application, instructions and a list of preliminary questions at the district office. The deadline for applications will be at 4 p.m. Aug. 29.

“They can drop it off at the district office or fax it over,” Delaney said.

The interviews and appointment is a very public process. Each will be interviewed at a special meeting of the board Sept. 12 at 5 p.m.

The interview will consist of questions about the person and about their vision of the future of the school district.

At the end of the interviews, the new school board member will be sworn in on the spot.

Jim Depolo was appointed nearly 10 years ago to fill the term of a resigning school board member. He ran for the office twice after the appointed term expired.

“He has truly been a good board member,” Delaney said.

Depolo said this time there will be a whole new set of questions about the candidate’s vision of the future of the school.

“When I did it they were asking questions like, ‘do you think a new school should be built,’” Depolo said.

In other school board news, construction crews are putting the finishing touches on the school’s new soccer field and track, including the installation of the school’s mascot eagle center field.

Also at the Aug. 16 meeting, parent Lorraine Kent, who has had children in the district for the past 15 years, told the board her youngest child was having difficulty and she felt she was not informed properly.

She said her child dropped two grade levels in a short time and was told that a test with a poor grade, which was sent home and signed by her, was her notice. Since this happened at the end of the school year, she said she didn’t know how to proceed.

Kent also said she has seen many worthwhile programs go by the wayside such as a parent advisory council, foreign language classes and an honors program, which she would like to see restored.

by Patty McCormac

Covenant formed to protect Ranch still in place

noreply@blogger.com (Katie) — Wed, 24 Aug 2011 16:56:00 +0000

Katie Hawkes find the Rancho Santa Fe NEWS to bring to you... for more information http://www.katiesells.com/

by Patty McCormac

RANCHO SANTA FE — In the early 1920s, Rancho Santa Fe was promoted as a place with all the urban conveniences, plus rural freedom, rich in romantic heritage of Spain, with room to grow families and orchards of fruit, with protective restrictions on architecture and landscaping as in the most exclusive metropolitan neighborhoods.

About 80 years later, nothing much has changed.

That is one of the reasons this rural little enclave in the middle of civilization is so unique.

The founders who drafted its Protective Covenant intended to protect property owners’ investments and preserve the rural atmosphere of the area. It still works.

“I believe that people understand the rules apply to everyone. I believe it is fair and we treat everyone the same,” said Peter Smith, Association manager. “We stick to the rules. We’ve been at it a long time. I believe we are the oldest HOA still operating in the state.”

The history of the housing development began after the Rancho Santa Fe Rail Road Company planted acres of eucalyptus trees for railroad ties and learning too late the wood was too soft. Undaunted, the company turned the property in estate ranches, each with its own deed restrictions.

In 1927 when the idea of homeowner association began to become into focus, the way housing developments were managed changed.

The developers went back to property owners asking them to become part of the HOA and to abide by uniform rules. Most agreed, but some did not.

“About 15 properties out of 1,800 are still not in the HOA,” Smith said. These properties are not clustered in one area, but scattered throughout the Covenant.

“When someone asks, ‘why do these (Covenant) rules apply to me and not my neighbor,’ it is probably because the original owners opted out of joining the HOA,” he said.

The Rancho Santa Fe Protective Covenant was adopted in February 1928. Barton Millard was the Association’s first president. Lilian Rice, principle architect for the project, was the chair of the first Art Jury.

The Art Jury in Rancho Santa Fe, to this day, still reviews every proposed development or significant change in a property and gives its approval or not.

A decision by the Art Jury was once challenged by a homeowner who was unsuccessful in his litigation.

“The court ruled that beauty is in the eye of the beholder,” Smith said.

The eye that decides the beauty belongs to the community and the Art Jury, the court decided.

The major goal of the Art Jury is preserve the rural character of Rancho Santa Fe. Before a project reaches the Association board, it must first be approved by the Art Jury. If the project is deemed worthy and follows all the rules, the developer or prospective homeowner may ask for the approval of surrounding neighbors.

That done, the project may be seen by the Association board. If the board approves the project, it may be taken to the county for another round of approvals before the project is finally approved. Somehow the process has worked for nearly a century.

If a property owner wants to join the Covenant, it is possible, but it’s not an easy process.

The request must go through a lengthy process and then be approved by the entire community.

Membership has its advantages. It gives property owners the right to join the exclusive golf course and club, send their children to phenomenal schools, board their horses on their own property, join the riding club, explore a world class trail system and take part in having a say about how this close knit community is run.

Smith has been the manager of the HOA for the past 15 years and before that managed the golf club for five years.

“My predecessor said the manger’s job was like having 5,000 chiefs and one Indian. I think I would disagree,” Smith said.

His role is pretty much that of a city manager.

Because Rancho Santa Fe was set up to eventually turn into a city, it is run the same way with planning, building and finance departments.

“The Covenant is a pretty good sized business,” he said.

It has 135 employees including those at the golf club, the landscaping crew, the patrol and the staff inside the headquarters of the Association. It has a $15 million budget.

The decisions are made by a board elected by the membership called the Association.

“My job is to make sure the Association have all the facts,” he said.

“Rancho Santa Fe is not for everyone. It’s rural, more secluded and private. It has phenomenal schools, a place for people‘s horses and trails and of course the weather.”

KATIE HAWKES BRINGS ~ HUD NEWS WITH BANK OF AMERICA...

noreply@blogger.com (Katie) — Mon, 22 Aug 2011 17:41:00 +0000

Katie Hawkes finds the news for you... http://www.katiehawkes.com/ or with any Real Estate questions please give her a call today 858.922.2226

HUD has reached a settlement with Bank of America, releasing the company from liability for failing to adequately provide alternatives to foreclosure on 57,000 delinquent government-insured mortgages.
The agreement was created on a separate but parallel track from continuing settlement talks between Bank of America, state attorneys general, and other regulators over alleged mortgage origination and servicing failures.
The agreement requires the bank to waive a minimum of $10 million in unpaid mortgage payments and vet each of the 57,000 delinquent borrowers for a possible loan modification, short sale, or other foreclosure alternative.
After such outreach, the settlement paves the way for BofA to foreclose on homes that borrowers could not afford even after a mortgage modification and those that have been left vacant by owners.
The agreement is HUD's first involving settlement of claims in which a servicer failed to offer loss mitigation to borrowers. It does not, however, prevent HUD from seeking damages from BofA for unrelated origination and servicing failures.

Zillow: mortgage rates hit 2011 low

noreply@blogger.com (Katie) — Wed, 10 Aug 2011 17:20:00 +0000

Katie Hawkes finds the news... for more information on Real Estate News go to http://www.katiesells.com/

By Lily Leung , Reporter - Real estate

Tuesday, August 9, 2011 at 3:17 p.m.

Rates for certain home loans have fallen to new 2011 lows as bond yields continued dropping.

Real estate website Zillow.com on Tuesday reported the 30-year fixed mortgage averaged 4.14 percent, down from 4.19 percent during the same time last week.
The site's home-loan records, which date back to 2008, showed the previous low was 4.07 percent in November 2010.
"Given the mental association of credit ratings with bond rates, many people initially think about the impact of the downgrade on mortgage rates," said Zillow Economist Stan Humphries, in a statement. "But that’s probably not where the initial damage will be felt. In fact, near-term, expect almost zero impact on mortgage rates."
Also on Tuesday, California Housing Finance Agency (CalHFA) announced it decreased interest rates to lenders in its FHA loan program. That happened after bond yields hit record lows, following the Federal Reserve's decision to extend its low interest rate policy for two more years.
Zillow’s rates are based on thousands of mortgage quotes turned in daily from borrowers through the site.
The website also breaks down reported rates by state. It said the average 30-year fixed rate in California has been "stable" at 4.14 percent this week, down from 4.22 percent the previous week.
The lowest rate was 4.08 percent in North Dakota and the highest, 4.38 percent, was in Hawaii.
Standard & Poor's decision to downgrade government enterprise Fannie Mae and Freddie Mac on Monday has raised concerns about what that will mean for consumers.
San Diego Association of Realtors President Bob Kevane said that move will make it costlier for the mortgage giants to do business, likely leading to higher mortgage rates for consumers. However, that likely won't happen immediately Kevane said.
Even when if rates do increase, "I don't think it's going to change rates much," Kevane added.

6129 LA FLECHA ~ BROKER CARAVAN ~ 8/9 1-4 ~ $100 NORDSTROM GIFT CARD!

noreply@blogger.com (Katie) — Mon, 08 Aug 2011 17:04:00 +0000

Beautifully remodeled property in the village of RSF - WITH GOLF MEMBERSHIP - STAYS WITH UNIT. Wonderful and convenient maintenance-free living. Walk to stores & restaurants. 4 car garage and carport, sundeck, top of the line kitchen, formal LR& DR w/stone FP. Lovely, romantic outoor dining space. Quiet location. One (2) car garage is being used as an office with gym.
FOR MORE INFORMATION GO TO ~ http://www.katiesells.com/ OR CALL KATIE TODAY... 858.922.2226

A MOTHER DAUGHTER DAY IN RANCHO SANTA FE

noreply@blogger.com (Katie) — Sat, 06 Aug 2011 16:24:00 +0000

BROUGHT TO YOU BY THE KATIE HAWKES GROUP... FINDING YOU THE RANHCO SANTA FE NEWS.... 858.922.2226 OR GO TO http://www.katiesells.com/ for Rancho Santa Fe Real Eastat information.

Mother and Daughter Mini Weekend Retreat
A day of Rejuvenation, Wellness and Beauty
Sunday August 21st, 9am to 4pm in RSF
Workshops will be geared toward improving mother/daughter communication, helping your teen make good decisions about social situations, appropriate dressing, makeup and other things you would want an expert to reinforce!

Designed just for moms and teen girls ages 11-19, the program will include lunch, yoga/dance class, workshops covering current trends with an LA Fashion Stylist (kristibrooks.com), a Makeup Artist, Keynote Presentation by Teen Life Coach, Linda Sorkin and more. There will be time to use the pool and spa as well.

Info: (858) 381-7713 or email esteegubbay@me.
PROGRAM COST: $70

Fernando Gutierrez Memorial Cup at the Polo Club in Rancho Santa Fe

noreply@blogger.com (Katie) — Wed, 03 Aug 2011 16:23:00 +0000

KATIE HAWKES BRINGS THE RANCHO SANTA FE NEWS! Give Katie a call today... she knows all you would need to know about the Rancho Santa Fe real estate market ~ Give her a ring... 858.922.2226. http://www.katiesells.com/ click for Rancho Santa Fe information.

Fernando Gutierrez Memorial Cup

San Diego Polo Club competition. Preliminary matches at 1pm, feature match at 3pm. Pack lawn chairs, cooler to view games from east side of field for tailgating ($25 per car). 858-481-9217.

Sunday, Aug. 14, 1 p.m.

Admission: $10 - $25

RANCHO SANTA FE COVENANT MASTERPIECE!!!

noreply@blogger.com (Heather) — Sat, 30 Jul 2011 23:34:00 +0000

17484 El Vuelo, Rancho Santa Fe, CA 92067
$4,495,000

A Rancho Santa Fe Covenant Masterpiece... For a private showing call Katie Hawkes 858.922.2226 or for more information go to www.KatieSells.com

NEW UPDATES ON RANCHO SANTA FE SCHOOLS...

noreply@blogger.com (Katie) — Thu, 28 Jul 2011 19:15:00 +0000

BROUGHT TO YOU BY: KATIE HAWKES 858.922.2226

Upgrades prepare school for year

by Patty McCormac

RANCHO SANTA FE — The new R. Roger Rowe School will finally get comfortable chairs for its Performing Arts Center.

The board of trustees voted unanimously at its July 7 meeting to fund 350 cushioned chairs with arm rests at a cost of no more than $28,404.38.

Staff and administration have had the opportunity to test several chairs, which have been outside the office of Superintendent Lindy Delaney for the past few months. The most popular will be purchased.

Also approved for purchase were bookcases and classroom cubbies and tables not to exceed $15,000.

Although there are no students at the school during the summer, planning for the next school year keeps staff and administration busy.

There are carpets to be shampooed, fire extinguishers to be recharged, paint to be touched up and staff to be hired.

Delaney said she is looking for drama, art and music teachers for the new school year.

Still, with all the activity, Delaney said it seems more quiet this year.

“Maybe it’s because we are not moving,” she said with a laugh referring to last summer when the construction project on the new school went into high gear and everyone and everything in its way had to yield. The day school was out last year, everything had to be emptied out of several temporary classrooms and some classrooms in existing buildings, keeping staff busy, keeping up with the pace of construction.

This summer there are some residual issues from the construction process with which to deal, such as some outdoor stairs that should have arrived galvanized before being installed. It was discovered too late they were not.

“We’ve had a metallurgist out and they feel they have a situation they can handle nicely this summer,” Delaney said.

Although there was no safety issue for the students, there was an issue of the metal not holding up as well as it should over a period of years.

Delaney said the school district would be compensated for the mistake by the contractor.

“I have been negotiating,” she said. “There will be some kind of refund.”

As soon as school was let out this past June, the construction of the soccer field and track began.

“The field is moving on as planned,” she said. “The rubberized track should be laid on Sept. 26 and 27.”

Delaney said enrollment looks to be down a little this year, especially in the fifth grade, but it is too soon to decide on how to break the students up in class numbers.

“The first part of August is when people start thinking about (enrolling their students) it,” she said.

The board also accepted the donation of a Yamaha Disklavier II Acoustic Midi Size Grand Piano from Joanne Warren valued at $10,000 for the Performing Arts Studio.

They also accepted a gift in the amount of $4,755.09 from the class of 2010 for library books, a globe for the library, a library aquarium, a permanent pedestal for the artwork, “A Fish Story,” and the designation plaques for the gifts.

“They had a little money left over and they wanted to give it,” Delaney said.

Katie Hawkes.... Del Mar Race Track season has arrived....

noreply@blogger.com (Katie) — Tue, 19 Jul 2011 16:11:00 +0000

DEL MAR (CBS 8) - Opening day at Del Mar is just one day away and there are several new things happening at the track this racing season, including a mobile phone app that brings betting to your fingertips.

"We've got a great app so you never have to get up out of your seat," said Del Mar Thoroughbred Club President, Joe Harper.

Harper, says they've improved the concert series this season, with bigger name acts such as Ben Harper, Weezer, and Ziggy Marley.

There will also be gourmet food trucks located throughout the venue.

The races aren't just for adults. There are Family Fun days and Camp-Del Mar for kids.

Opening day is Wednesday. The gates open at 11:30 a.m. and the first race is at 2 p.m.

Click here for Del Mar Race Track information...

http://www.katiesells.com/

Please contact Katie Hawkes for more information... 858.922.2226

KATIE HAWKES... BRINGS THE NEWS...

noreply@blogger.com (Katie) — Thu, 30 Jun 2011 18:41:00 +0000

BROUGHT TO YOU BY KATIE HAWKES, YOUR REAL ESTATE SPECIALIST ~ 858.922.2226 ~

Robert Samuelson in the Washington Post...Viewpoint..."Economists suffer from what one calls” the-pretense-of-knowledge-syndrome."They act as if they can understand more than they do and presume that their policies, whether of the left or of the right, have benefits more predictable than they actually are. It's worth remembering that the recovery's present slowdown is occurring despite measures taken to speed it up: the 2-percentage-point cut in the payroll tax, and the Federal Reserve's purchase of $600 billion of Treasury securities. So modern economics has been oversold, and the public is now disbelieving. If the recovery continues to disappoint, the discrediting of mainstream economic thinking will grow. The resulting intellectual void will summon forth new ideas. Some may be good, but others-though superficially appealing-will be fringe or lunatic."

RANCHO SANTA FE PROPERTIES

RANCHO SANTA FE, CA

Come enjoy the Del Mar Fair.....

noreply@blogger.com (Katie) — Tue, 28 Jun 2011 16:36:00 +0000

The 2011 San Diego County Fair opened its 75th season at the Del Mar Fairgrounds June 10. The cars are the stars of this year’s fair with the “Race to the Fair” theme, featuring every car imaginable from “Herbie the Love Bug” to exotic and luxury cars. The fair runs through July 4.

Katie Hawkes bringing you... The Rancho Santa Fe News.

Mortgage rates continue to hold steady...

noreply@blogger.com (Katie) — Thu, 23 Jun 2011 19:30:00 +0000

Mortgage rates continue to hold steady at all year lows with a mild chance of improvement. I believe this will be short lived. The weak economy driven by high unemployment, lack of sufficient new jobs to make a difference, the Feds decision yesterday to not continue their subsidy of low rates methods (Bond buying), trouble in Greece, and increased inflation is making the stock market nervous which is helping mortgage rates. There is a strong movement by those that don’t currently own, and investors to take advantage of the ridiculously low priced homes with these rates and there is starting to be bidding wars between them. This should only get worse in the future once the economy gains some footing. The cost of home ownership has never been lower.

Effective 9/30/2011, the temporary “High Cost Areas” Conforming Loan limit is set to expire. For San Diego County that limit will decrease from $697,500 to $546,250. This affects a substantial percentage of homes particularly in the coastal areas. Mortgage rates above and below this level are typically a ½% difference and the down payment requirement goes from about 10% up to 20%. The cost of waiting is going to get real expensive for both buyers and seller.

Jeff Olson

NMLS 235248

(858) 204-7373 cell

(760) 479-1803 fax

Host of "REAL ESTATE RADIO" Saturdays

Noon to 1:00 PM ON KPRZ AM 1210

30TH Annual 4TH Of July Parade & Picnic ~ Monday, July 4TH, 2011

noreply@blogger.com (Katie) — Tue, 21 Jun 2011 17:10:00 +0000

30TH ANNUAL 4TH OF JULY

PARADE & PICNIC

PARADE FORMS AT 12:15 PM IN THE ASSOCIATION PARKING LOT ON AVENIDA DE ACACIAS

PARADE STARTS AT 1:00

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CHILDREN & BICYCLES

Line up in the RSF Association parking lot. All children need to stay in the area with their parents while the parade is forming.

PARADE & ACTIVITIES

Community Band
Parade Princess
Floats
Clowns
Face Painting
Fire Trucks & Vintage Cars
Honor Guard
Decorated Bikes & Golf Carts
Boy & Girl Scouts

FOOD FROM THE RSF GOLF CLUB

Hamburgers, Hot Dogs, Veggie Burgers, Chicken, and Ice Cream from the RSF Inn... Yummy!

PICNIC & CONCERT BAND AT 1:30

The Coastal Communities Concert Band

SPONSORED BY THE

Rancho Santa Fe Association

Ranco Santa Fe Community Center

Rancho Santa Fe Golf Club

RSF Polo Club

Welcome

noreply@blogger.com (Katie) — Thu, 09 Jun 2011 17:29:00 +0000

Welcome to the new KatieSells.com website. Here you will find information about our team as well as current and past listings. Take a look around and contact us for more information about any of these properties.